Tag: AI sector
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Zhipu AI, Backed by Alibaba, Eyes IPO as First Among China’s AI Unicorns
In a significant move within China’s burgeoning AI sector, Alibaba-backed Zhipu AI has initiated preparations for an initial public offering (IPO), setting a precedent as the first among China’s top six AI unicorns to pursue such a venture. This development comes at a time when Alibaba’s various AI initiatives, including Quark AI and Alibaba Cloud,…
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OpenAI’s Updates and Legal Battles Reshape AI Industry
In a series of recent developments, OpenAI, the company behind the popular AI chatbot ChatGPT, has made headlines with significant updates to its technology, legal battles with high-profile figures, and strategic investments in the AI sector. From introducing new features to ChatGPT that allow it to reference past interactions to countersuing Elon Musk over alleged…